Contractor accused of bilking senior citizens

Police: Scam involved nearly $700,000

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For the second time this decade, state investigators have charged a Moon businessman with scamming senior citizens, this time through a home refinancing scheme that bilked his clients out of nearly $700,000.

William F. Livorio, 67, was arrested yesterday and charged with 36 counts of theft by deception.

According to a criminal complaint filed Thursday, Mr. Livorio received $676,479 from 36 homeowners through his company, Revitalization & Funding Inc., which engaged in a scam against mostly elderly and low-income people dating to 2006.

The victims were advised to refinance their homes and use the money to pay up front for home improvements that were never completed.

Mr. Livorio, according to the complaint, gave his victims the false impression that they were involved in a state-sponsored low-interest financing program. The complaint states that victims would refinance through a settlement company called Landco USA and often sign the resulting checks -- worth up to $25,000 -- over to Mr. Livorio.

After cashing the checks, Mr. Livorio would avoid contact with the victims or falsely claim the work was going to begin soon, the complaint states. When work was done, the victims complained it was haphazard or incomplete.

Pennsylvania attorney general's office investigators took the case to Allegheny County district attorney's detectives after filing a civil suit in late September against Mr. Livorio, his wife, Karen, and Revitalization & Funding Inc.

Common Pleas Judge Robert P. Horgos issued a preliminary injunction Sept. 29 barring the company from doing business and freezing the Livorios' assets.

It was not Mr. Livorio's first encounter with the court system.

The attorney general's office also filed suit against Mr. Livorio and his company Amfed Homecare Corp. in 2000 for another con against senior citizens. Amfed took money for nonmedical in-home services like food preparation but never provided them.

A judge ordered Mr. Livorio to pay back nearly $400,000 and never do business with seniors again.

According to Allegheny County court records, Mr. Livorio has been sued numerous times, including by the Internal Revenue Service, the Commonwealth of Pennsylvania, Allegheny County and Fox Chapel Area School District, for failing to pay taxes.

Mr. Livorio served federal prison time from 1990 to 1991 for bank and tax fraud stemming from loans involving campgrounds in Fayette County and Ohio.

Daniel Malloy can be reached at or 412-263-1731.


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